Fremont, Calif., August 3, 2005 — ABBYY USA and Scantron Corporation have formed a strategic technology licensing partnership through which Scantron released Cognition, a complete software solution for automated forms processing and data collection based on ABBYY FineReader(R) Engine SDK and ABBYY's forms processing technologies.
ABBYY USA is a leading provider of recognition, data capture and linguistic technologies. Scantron is a recognized leader in software services and systems for the collection, management and interpretation of data to the educational, financial and commercial markets.
The partnership comes after two years of collaboration between ABBYY and Scantron in the development of a processing solution for Scantron forms. Scantron conducted an exhaustive search for a recognition and forms processing technology partner before selecting ABBYY.
" We rated our OCR/ICR vendors against many metrics, including accuracy, value, and ability to meet development platform requirements in the future," said Mark Espinola, president of Scantron's Data Collection Division. " ABBYY FineReader and its related forms processing components was a clear choice for its ability to fit our needs and Scantron's reputation for excellence."
Cognition was launched to existing Scantron customers in January 2005 and feedback indicates the product is meeting and exceeding expectations with regard to data conversion, speed and accuracy. Prior to the launch, Scantron completed a six-month field-test of Cognition in its own service bureau to prove its reliability, accuracy and security in a high-volume environment. The Scantron Service Bureau, which process millions of images and documents a year, provided an ideal testing ground to prove Cognition's scalability in meeting enterprise-level customer demands.
" As the leading OCR and ICR technology partner in the industry, we are pleased to offer our award-winning recognition and forms processing technologies to the largest educational testing organization in the country," said Dean Tang, president and chief executive officer of ABBYY. " This partnership represents months of collaboration to develop a highly regarded integrated business solution that will increase productivity in data conversion for a multitude of Scantron customers and partners."
ABBYY FineReader Engine is a comprehensive SDK (Software Development Kit) for integrating intelligent document recognition, conversion and data capture technologies into 32-bit Windows applications. Technologies offered include: OCR (machine print), ICR (handprint), OMR (check mark), and barcode recognition technologies; PDF conversion and forms processing for both fixed forms, and semi-structured forms and documents -- all in a single package for ISVs, developers, VARs, integrators and service bureaus. The FineReader Engine is comprised of a set of DLLs (Dynamic Link Libraries). The Engine's API (Application Programming Interface) conforms to the COM (Component Object Model) standard and is easily accessible from C/C++, Visual Basic or any other development environments which support COM components.
Cognition is a forms processing solution that quickly transforms paper documents into valuable intelligence. The Cognition software collects and digitizes paper forms and documents and then delivers them to specified databases or other business applications. Cognition is efficient, accurate and scalable to fit the forms processing, data collection and input environments of any size company or organization.
ABBYY USA is a member of the ABBYY Software House Group, a world leader in document recognition and linguistic technologies. ABBYY specializes in the development of software for optical character recognition (OCR), intelligent character recognition (ICR), linguistics, semantics, and electronic lexicography. Leading products from ABBYY include the FineReader line of OCR, ICR and barcode software, and FineReader development tools. Companies that license ABBYY OCR/ICR technologies include BenQ, C-Technologies, EPSON, Freedom Scientific, Kurzweil, Kofax Image Products, Legato Systems, Microtek, Mustek, NewSoft, Notable Solutions, Stellent, Panasonic, ReadSoft, SER Solutions, Samsung Electronics, Sumitomo Electric Systems, Umax, and Verity. For more information about ABBYY, visit: http://www.abbyyusa.com/ or contact ABBYY USA, 47221 Fremont Boulevard, Fremont, CA 94538. Phone: (510) 226-6717. Fax: (510) 226-6069. E-mail: email@example.com.
About Scantron Corporation
Scantron Corporation ( http://www.scantron.com/ ) is headquartered in Irvine, Calif., and is a wholly owned subsidiary of Atlanta-based John H. Harland Company (NYSE:JH). Scantron is a leading provider of software services and systems for the collection, management and interpretation of data to the educational, financial and commercial markets. The company has approximately 600 employees worldwide and annual revenues exceeding $110 million.
Atlanta-based John H. Harland Company (NYSE:JH) (http://www.harland.net/) is a leading provider of software and printed products to the financial and educational markets. Harland Financial Solutions, Inc. (http://www.harlandfinancialsolutions.com/), a wholly owned subsidiary, supplies software and services, including customer relationship management, deposit and loan origination, core systems and mortgage services, to thousands of financial institutions of all sizes. Harland’s printed products offerings include checks, direct marketing and financial forms.
This press release contains statements, which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.
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